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Mettis Global News

COLG posts nearly Rs14bn profit for 9MFY25, up 17%

COLG posts nearly Rs14bn profit for 9MFY25
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April 30, 2025 (MLN): Colgate-Palmolive (Pakistan) Limited (PSX: COLG) reported a profit after tax of Rs14.10bn for the nine months ended 31 March 2025, marking a 17% increase from Rs12.10bn in SPLY.

Earnings per share (EPS) for the period were reported at Rs58.09, up from Rs49.83 in the previous year, reflecting the company’s improved financial performance.

The company’s net turnover rose by 4% to Rs86.98bn from Rs84.03bn in the corresponding period of 2024, driven by a 6% growth in gross turnover to Rs117.17bn. 

Trade and other discounts surged 26% to Rs10.69bn, while sales tax edged up 6% to Rs19.51bn.

Cost of sales declined by 3% to Rs56.13bn, resulting in a 17% improvement in gross profit, which reached Rs30.85bn.

Selling and distribution costs increased by 11% to Rs9.16bn, and administrative expenses rose by 19% to Rs1.03bn.

Other expenses climbed 8% to Rs1.53bn, while other income dropped 13% to Rs3.21bn.

Profit from operations grew 15% to Rs22.34bn, and despite stable finance costs, profit before income tax stood at Rs22.22bn, up 19% year-on-year. Income tax expenses also increased by 23% to Rs8.08bn.

Condensed interim statement of profit and loss for the nine months ended 31 March 2025 (Rupees in '000) 2025 2024 %Change
Turnover                  117,168,951                110,863,441 6%
Sales Tax                  (19,505,182)                 (18,345,406) 6%
Trade & Other Discounts                  (10,686,644)                   (8,492,996) 26%
Net Turnover                    86,977,125                   84,025,039 4%
Cost of Sales                  (56,127,805)                 (57,745,409) -3%
Gross Profit                    30,849,320                   26,279,630 17%
Selling & Distribution Cost                     (9,157,299)                   (8,223,101) 11%
Administrative Expenses                     (1,027,206)                       (866,229) 19%
Other Expenses                     (1,531,996)                   (1,412,605) 8%
Other Income                      3,207,236                     3,701,372 -13%
Profit from Operations                    22,340,055                   19,479,067 15%
Finance Cost & Bank Charges                        (124,991)                       (125,260) 0%
Profit Before Income Tax & Final Taxes                    22,215,064                   19,353,807 15%
Taxation – Final Taxes                                  (19)                       (606,974) -100%
Profit Before Income Tax                    22,215,045                   18,746,833 19%
Taxation – Income Tax                     (8,084,489)                   (6,588,902) 23%
Current – For the Period                         214,965                          26,716 705%
Prior Period                        (241,836)                         (86,526) 179%
Deferred Tax                     (8,111,360)                   (6,648,712) 22%
Profit After Income Tax                    14,103,685                   12,098,121 17%
Earnings Per Share – Basic & Diluted 58.09 49.83  

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Posted on: 2025-04-30T10:42:43+05:00